Author: Kelley Fornoff

Daily Market Comments

By: Dan Hueber – While it may amount to little more than a “Tuesday undo” bounce but we are seeing a nice little rebound across the grain/soy complexes this morning.  There is really nothing that I can see in the overnight news that would appear to have stimulated any fresh…

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Overnight Market Update

By: Kelley Fornoff – Grains are higher overnight on little new fundamental news but look like they could be in corrective mode on the technical side at least for today. At the break, May corn is 2’4 higher at 358’2, May soybeans are 3’4 higher at 975’0, and May Chicago…

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Overnight Market Update

By: Kelley Fornoff – Grains are mixed overnight with May corn 1’2 higher at 357’4, May soybeans 2’0 lower at 973’6, and May Chicago wheat 1’6 lower at 423’0. Corn closed the overnight session 0’2 off its high, trading in just a penny range while beans and wheat also traded…

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Afternoon Market Recap

By: Patrick McRae – Today’s grain markets saw aggressive selling in the soybean markets, but saw little follow through in corn. Funds today were estimated sellers of 2,000 contracts in corn as well as 10,000 contracts in soybeans. May 17 corn closed at $3.56 ¼ down ½ a cent on…

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Daily Market Comments

By: Dan Hueber – Grain and soy traders came into this week in a foul mood and nothing has happened over the past four and a part days that appears to have improved their disposition.  If we were to close right now, nearby corn would be down 11-cents, beans 15-cents…

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